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3.6 Human resources
3.6.1 Setting human resource objectives
external influences
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Cards (10)
What comes with relocating for cheaper labour costs?
recruitment and staffing
cross-cultural training
legal compliance
employee benefits and compensation
retention strategies
What are some external influences?
p -
political
e -
economic
s -
social
t -
technological
l -
legal
e-
environmental
e -
ethical
What
HR objectives
help businesses overcome
PESTLEE
factors?
New training
More incentives
Talent development
How does
workforce skills
and
availability
affect
HR
?
number
of
school leavers
and
graduates
skills shortages
vs
skills surplus
demographic
How does
technological change
impact
HR
?
capital intensity
skills
How does
market conditions
impact
HR
?
growth
,
static
,
decline
of a market
consumer habits
How does political factors impact
HR
?
UK
legislation -
minimum wage
,
age discrimination
EU
directives -
work time directive
,
paternity leave
How do
social factors
impact
HR
?
family commitments
students working to fund university
How does
environmental factors
impact
HR
?
paying fair wage to
employees
provide good working conditions
allowing flexible working
How do ethical factors impact
HR
?
climate change
pollution
sustainability